House Prices

House Prices & Home Values Sherman, MS 2026


Average Data

average house price$275,500
average size per house1394 ft²
average price per ft²198 $ / ft²

04/17/2026 - The value range (VR) for house prices in Sherman, MS is $198/ sqft to $198/ sqft. An average home with 1394 sqft costs approximately $276,012 to $276,012. Sherman, MS includes 1 ZIP codes and it is located in Pontotoc county. The lowest prices are found in ZIP 38869, while the highest are in ZIP 38869. The average price per sqare feet is $198. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Sherman

38869218 $ / ft²




Historical development of home values in Sherman

Year Estimated value (USD) Change vs. 2025
2010 $127,947 -53.6%
2011 $122,999 -55.4%
2012 $122,668 -55.5%
2013 $127,253 -53.8%
2014 $133,581 -51.5%
2015 $140,437 -49.0%
2016 $147,766 -46.4%
2017 $155,741 -43.5%
2018 $164,351 -40.3%
2019 $171,972 -37.6%
2020 $180,862 -34.4%
2021 $205,711 -25.3%
2022 $239,813 -13.0%
2023 $252,894 -8.2%
2024 $267,524 -2.9%
2025 $275,500 0.0%

Graph: estimated home values in Sherman over time (USD)



Example: 100% financing house in Sherman

Loan amount: $275,500

Interest rate: 6.00%

Fixed monthly payment: $1,651.76

Breakdown in the 1st month:
Interest portion: $1,377.50  –  Principal portion: $274.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,437.97 $3,383.17 $272,116.83
2 $16,229.30 $3,591.84 $268,524.99
3 $16,007.76 $3,813.38 $264,711.61
4 $15,772.56 $4,048.58 $260,663.04
5 $15,522.86 $4,298.28 $256,364.75
6 $15,257.75 $4,563.39 $251,801.36
7 $14,976.29 $4,844.85 $246,956.51
8 $14,677.47 $5,143.67 $241,812.84
9 $14,360.22 $5,460.92 $236,351.91
10 $14,023.40 $5,797.74 $230,554.17
11 $13,665.81 $6,155.33 $224,398.84
12 $13,286.16 $6,534.98 $217,863.86
13 $12,883.10 $6,938.04 $210,925.82
14 $12,455.17 $7,365.97 $203,559.85
15 $12,000.86 $7,820.28 $195,739.57
16 $11,518.52 $8,302.62 $187,436.95
17 $11,006.43 $8,814.71 $178,622.24
18 $10,462.76 $9,358.38 $169,263.86
19 $9,885.56 $9,935.59 $159,328.27
20 $9,272.75 $10,548.39 $148,779.88
21 $8,622.15 $11,198.99 $137,580.89
22 $7,931.42 $11,889.72 $125,691.17
23 $7,198.09 $12,623.05 $113,068.11
24 $6,419.52 $13,401.62 $99,666.50
25 $5,592.94 $14,228.20 $85,438.30
26 $4,715.38 $15,105.76 $70,332.54
27 $3,783.69 $16,037.45 $54,295.09
28 $2,794.53 $17,026.61 $37,268.48
29 $1,744.37 $18,076.77 $19,191.71
30 $629.43 $19,191.71 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Sherman, MS


1500 sqft3900 sqft
Ø selling price$359,370$764,479
Ø fast selling$326,700$688,031
Ø high price sale$392,041$840,926

In 2026, houses in Sherman, MS will be offered at an average price of $198 per square foot. A 1,500 sqft home priced at $359,370 is 25.23% more expensive per square foot than a 3,900 sqft home priced at $764,479. Home prices in Sherman, MS vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $529,254. Sellers who can wait longer may achieve a higher price of up to $646,866.


Explore Sherman, MS: A Small-Town Hub in North Mississippi

Discover Sherman, MS, a friendly small town in North Mississippi with easy access to Tupelo and the I-22 corridor.

Location and Transportation

Located at the crossroads of Lee, Pontotoc, and Union counties, Sherman Mississippi offers a convenient base for commuters and travelers.
Drivers reach Memphis and Birmingham via I-22/US-78, while local routes connect the community to Blue Springs, Pontotoc, and downtown Tupelo.

History and Community

Sherman blends railroad-era roots with modern growth, preserving small-town charm through neighborhood churches, parks, and civic events.
Residents value a welcoming atmosphere, low congestion, and the affordability and real estate options that make living in Sherman, MS attractive for families and retirees.

Economy and Jobs

The area economy benefits from manufacturing, logistics, and retail, with major employment centers in nearby Tupelo and facilities such as Toyota Mississippi in Blue Springs.
Local entrepreneurs and service businesses add convenience, supporting everyday needs from dining to auto care.

Education and Services

Students attend strong regional public schools, and higher education options include Itawamba Community College and the University of Mississippi?s Tupelo campus.
Healthcare is anchored by North Mississippi Medical Center in Tupelo, providing comprehensive services a short drive from Sherman.

Things to Do and Outdoors

For recreation and things to do, residents enjoy quick trips to Trace State Park, the Natchez Trace Parkway, community ball fields, and vibrant music and dining in downtown Tupelo.



FAQ – Home Values in Sherman

What is the median home value in Sherman in 2026?

In 2026, the typical home value in Sherman is about $275,500 for an average home size of 1394 square feet. This corresponds to an average price of roughly $198 per square foot.

What is the average cost per square foot in Sherman?

In 2026, homes in Sherman sell for an average of around $198 per square foot, with a typical range between $198 and $198 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Sherman is about 1394 square feet, with an estimated 2026 value around $275,500.



Locations close to Sherman, MS

Smithville, MS75 $ / ft²
Thaxton, MS126 $ / ft²
Tishomingo, MS64 $ / ft²
Shannon, MS81 $ / ft²
Saltillo, MS108 $ / ft²
Rienzi, MS79 $ / ft²
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